Vancouver, BC – August 20, 2014: 92 Resources Corp. (NTY–TSXV) (the “Company”) is pleased to announce that it has commenced a first phase work program on its 100% owned Zim Frac high purity/silica quartz property near the town of Golden in south-eastern British Columbia. The program is designed to obtain and test samples collected from a representative area of the occurrence in order to further assess its characteristics and properties for frac sand, as well as higher purity polysilicon-grade silica and metallurgical applications.
The Company acquired a 100-per-cent interest in the 807.77 hectare Zim Frac silica property in early 2014. The property protects a sizeable occurrence of the fine-grained, higher-purity white quartzite Mt. Wilson quartzite formation (MWQF).
The MWQF is recognized for hosting economic deposits of friable and lump quartzites grading greater than 99.5 per-cent silicon dioxide from two fully permitted and operating silica mines. During 1980 geologists from the Geological Survey of Canada mapped the Golden area with focus on the Mt. Wilson formation including the area covered by the Zim Frac claims (GSC map 1497A). In 2010, 14 samples collected from the area including 10 from the current property during a reconnaissance exploration program completed by previous operators returned whole rock estimated silica grades ranging from 98.835 per cent to 99.4 per cent, with 12 of the samples grading over 99 per cent. Locally, the MWQF exceeds 200 metres thick (Lindinger, 2010). The claims lie within three to five kilometres northeast of Golden, B.C., and a regional transportation centre that is on the Trans-Canada Highway and includes major rail yard facilities.
The adjacent to the northeast Moberly silica mine owned and operated by Heemskirk, Canada is presently engineering a new silica frac sand plant to supplement its current production. 12 kilometers to the south, the Hunt Silica mine previously shipped polysilicon-grade silica to a silicon refinery in Washington State.
Silicon dioxide (SiO2), also known as silica, has many applications, depending on purity. High-grade silicon metal and polysilicon are used in many high-technology applications, including microelectronics, computer chips and solar panels.
Leopold Lindinger, P. Geo, a qualified person in accordance with NI 43-101 and has reviewed and accepted the technical information in this news release.
For further information, please contact Adrian Lamoureux, Pres. & CEO at firstname.lastname@example.org or visit www.92resources.com.
On behalf of the Board of Directors,
President & CEO
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